Eurazeo has reached an agreement with Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG, to sell its 47 per cent stake in Reden Solar, a European independent solar power producer, based on a EUR2.5 billion Enterprise Value. Reden Solar is active across eight countries, with more than 750 MW in operation and a sizeable maturing pipeline. The disposal would generate cash proceeds of EUR632 million for Eurazeo, representing a cash-on-cash multiple of 4.3x and an internal rate of return (IRR) of around 42 per cent.    The completion of the transaction remains subject

One Equity Partners (OEP), a middle market private equity firm, has completed the acquisition of Norit Activated Carbon (Norit), a global manufacturer of activated carbon for purification solutions, from corporate parent Cabot Corporation. Norit manufactures a broad portfolio of activated carbon products used for purification needs in growing sectors including renewable natural gas, food and beverage, chemicals, pharmaceuticals, air quality, water, and automotive. The Company operates two plants in North America, five facilities in Europe and participates in three joint ventures in Canada, Asia and Mexico.

nSure.ai, a fully automated chargeback guarantee platform, has raised USD18 million in a Series A funding round led by MoreTech Ventures. Seed-round participants including DisruptiveAI, Gryffin Ventures, and Moneta Seeds also made additional investments. The funding will allow the company to extend anti-fraud, chargeback-free guarantees while meeting the growing demand from various sectors who are lacking a sufficient fraud prevention system.

Convelio, a tech-led fine art shipping company, has raised USD35 million (EUR30 million) in a Series B funding round led by new investors Forestay, a UK and Switzerland based venture capital backers of Nexthink and Scandit, and Mundi Ventures, the international investment firm behind unicorns like Wefox, Bolttech, Klarna – and whose founder invested in unicorns like Skyscanner, Auto1 and Farfetch. The European Investment Fund and existing investors Acton Capital and Global Founders Capital also participated in the round – the largest investment ever made into an arts logistics business globally. Convelio enables auction houses, galleries and private art collectors

British Patient Capital has invested in Microbiotica, a personalised medicine specialist, as part of a GBP50 million Series B funding round. The investment has been made via Future Fund: Breakthrough, British Patient Capital’s GBP375 million programme that makes co-investments with private sector investors in innovative, R&D-intensive UK companies.  The round was led by Flerie Invest and Tencent, and included Cambridge Innovation Capital, IP Group and Seventure Partners.

British software and services provider Advanced has acquired Portt, a provider of SaaS procurement, contract and supplier management solutions in Australia and New Zealand (ANZ) whose customers include NSW Health, Ministry of Education and Super Retail Group. Portt’s team, located in Sydney and Ho Chi Minh, Vietnam currently manages over 63,000 private and public sector suppliers across ANZ with a fast-growing user base of over 9,000. Portt had previously been working in partnership with Advanced in the UK public and private sectors.

Digital Horizon, a European venture capital investor specialising in fintech and SaaS companies, has led a USD5 million Series A investment round in SteadyPay, a platform designed to help gig workers achieve financial stability. Digital Horizon is joined in this round by existing and new investors including Ascension Ventures (via their impact Fair By Design fund) and the UK government’s Future Fund, alongside prominent angel investors. The platform is available direct to UK customers, and this year the company will enhance and deepen its product and service offer, including embedded B2B specific offering.

Capital Constellation has acquired a passive, minority ownership interest in Post Road Group (post Road), an alternative investment firm focused on real estate and middle-market corporate strategies, to support the Firm’s long-term growth and development. Capital Constellation, a group of global institutional investors, who, together with Capital Constellation’s affiliated funds (collectively, “Constellation”), provides investment capital and expertise to growing investment management platforms, is managed by private equity and alternative investment manager Wafra Inc (Wafra).  Terms of the investment have not been disclosed.     The investment by Constellation follows the successful close of Post Road Special Opportunity Fund II at

Ome has secured a strategic investment from Legendary Ventures, a venture capital firm that accelerates value creation for consumer retail technology companies. Ome will use this investment to expedite new product development and expand into new retail markets leveraging their smart home technology solutions. Ome is a technology company focused on sustaining the home through cybernetics. Ome develops smart, sustainable technology products that automate existing home appliances so families can spend more quality time together.  Ome’s flagship product is a patented Smart Knob that seamlessly replaces existing stove knobs so people can cook, control, and monitor their home appliances virtually,

The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Safety-Reports.com, (Safety Reports). Founded in 2011, Safety Reports provides safety and compliance management software to the construction, manufacturing and other safety-related industries. Safety Reports is an add-on to Riverside’s ToolWatch platform, a leading provider of tool tracking and construction operations management software. By bringing the two platforms together, Riverside says customers will receive a deeper view into the performance of their organisations while providing a safer workplace and reducing time lost from safety violations.